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MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

Metals & Mining Silver
MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp.


TSX:MAG - Post by User

MAG SILVER CORP. > Press release
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Post by Retiredgeoon May 14, 2024 8:11am
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Post# 36038267

Press release

Press releaseQ1 2024 generated more money for MAG than Q4 2024.  Net income went down from $0.15 to $0.14 because they spent $5 million CAD buying the Goldstake property.  That hit their bottom line (administrative expenses).  Without it net income/share would have been $0.18.

All sustaining cost of their silver is now an impressive $6.11/oz!

I am not impressed with their Larder and Deer Trail exploration programes to date.
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Dealroom for high-potential pre-IPO opportunities